Africa's Oil, Gas and Energy News.
Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More
HIGHLIGHTS • Rig being contract finalised, mobilisation to commence in May • 2 Well Exploration Program Expected to Commence June • Muzarabani-1 well confirmed • Planning of 2nd exploration well … Read More
Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More
Kibo Energy has announced that it has entered into a 10-year take-or-pay conditional Power Purchase Agreement (`PPA’) to generate baseload electricity from a 2.7 MW plastic-to-syngas power plant. The plant … Read More
Highlights · Wentworth’s share of gross 2P Reserves as at 31 December 2021 estimated to be 135.2 Bcf (22.5 MMboe) with an after-tax NPV10 of US$108.1 million · Gross full-year 2021 production was 29.8 … Read More
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday started subsea system and FPSO training for the 40 firms that form the second batch of Project 100 companies. Delivering … Read More
Invictus has announced that Baker Hughes has been awarded the integrated well services contract for drilling of the Muzabarani-1 well in the Cabora Bassa basin following the completion of the … Read More
Gambia’s Ministry of Petroleum and Energy has opened the ground for prospective bidders interested in Block A1 previously held by BP until August 2021. According to BP, the company exited … Read More
John Hamilton, CEO of Panoro Energy, provides insight into how the continent can spur exploration and production in 2022 and beyond. While Africa looks to accelerate the development of its … Read More
Afentra has confirmed that negotiations with Sonangol E.P to purchase interests in Block 3/05 and Block 23 in Angola have continued into the new year following the announcement on 8 … Read More
